THIS Metal Stock To Reward Investors With 710% Dividend; Record Date Ahead | Do You Own?

Dividend Alert: Shares of JSW Steel Limited are likely to attract heightened investor interest in July as the company's dividend record date approaches. The board has announced a 710% final dividend for FY2025-26. In addition, JSW Steel recently disclosed a Rs 7,875 crore investment by JFE Steel Corporation in JSW JFE Kalinga Steel Limited.

JSW Steel share price closed 0.84% lower at Rs 1216.05 per share with a market capitalisation of Rs 2,97,379.43 crore on BSE on Wednesday, July 1. The stock had touched an intraday high mark of Rs 1,231.65 per share and an intraday low mark of Rs 1,210.85 per share.

JSW Steel Dividend

The company's board of directors, in May, had recommended 710% dividend for eligible investors. The board had "recommended a final dividend of Rs. I .40 per share of Rs. 2/-each (i .e. @ 70% on the paid-up share capital of the Company) for FY 2025-26." The dividend will be paid after receiving approval from investors at the annual general meeting (AGM).

JSW Steel Dividend Record Date

The company's board has also fixed July 7 as the dividend record date. To become eligible for the payout, investors must own the stock before the dividend record date. As per JSW Steel's BSE filing, the dividend will be paid only to those shareholders "whose names appear as Beneficial Owners as at the end of the business hours on 7th July, 2026, in the list of Beneficial Owners to be furnished by National Securities Depository Limited and Central Depository Services (India) Limited in respect of the shares held in electronic form."

Eligibility criteria also includes investors whose "names appear as Members in the Register of Members of the Company as at the end of the business hours on 7th July, 2026, after giving effect to valid request(s) received transmission/transposition of shares and lodged with the Company/ its Registrar & Share Transfer Agents on or before 7th July, 2026."

JSW Steel Share Price Trend

The stock closed lower on Wednesday. JSW Steel share price touched its 52-week high mark of Rs 1,327.35 per share on BSE on May 27, 2026. The stock dipped to its 52-week low mark of Rs 1,016.30 per share on July 7, 2025. The stock has a return on equity (ROE) of 8.33% and it has delivered close to 18% return in one year.

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